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20110719
20110719
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in interest payments. >> how about $10 billion a month in afghanistan. how about iraq. >> i actually believed it is time to bring our troops home from afghanistan. i actually do want to bring the troops home. >> then tell me under your proposal, if it were to be law -- what would we do about emergency spending? what would we do when we have reached, in that decade, the number of percentages you have laid out, all the way down up to 2021? if floods come and earthquakes come, and hurricanes and fires and other natural disasters, carnatic activity, and the ever looming possibility of something like 9/11? >> disasters happen. you have to be prepared for them. the balanced budget amendment would allow for tax increases if there was a 2/3 supermajority. you would see this country rally behind a need to support and take care of those things if such a disaster happened. >> for your information, there are two counties i represent that still have not received the funding that was promised under emergencies. there are people who just lost their homes in the last four months in this nation, either as a r
dark. paychecks for troops in afghanistan and iraq and based around the world could stop. f.a.a. towers could shut down. so could the f.b.i. and the c.i.a., border crossings could close, safety inspections of food americans eat and cargo that enters our ports could halt. literally every function of governmentould cease. social security checks, payments to our veterans. we've heard that before. there would be no discussion of which operations and personnel were essential. all the payments would very likely stop. some have said we could priorize which bills to pay. even if that wouldn't irreparably damage our nation's reputation and credit in the global economy a the globe at community, which it would, is also a complete fiction. our government won't even be able to cover the bills due on august 3. it will simply run out of money and because we'll be in default and our credit rating trashed, we'll be able to borrow the money not again to keep running, even if we wanted to. that's a picture secretary geithner painted. like i said, it's grim. many of my republican colleagues understand this
're putting money in other places like to the war, places like that in afghanistan, to other wars. that is my question. guest: two interesting things your question brings up. when fdr designed so security, he said, we're going to put it on your checks every week so you will see it being taken out and you will note it is there for you. that was very, very important to fdr and the preservation of the social safety net. also, he said, we are going to make sure that every time -- that you know this is something that is solvent, but the money is there in the bank so it is not a welfare program but it should not be means tested. we all know what happens to welfare programs. we all know they go under the knife. he said it had to apply to everyone. that is one of the things they want to attack at this point, too. you may say, well, the wealthy should not because it is in financial trouble. it is not. the minute you make of a welfare program, the death warrant. host: we have heard recruitment efforts will be hurt by any perceived abandonment in the area of medicare by democratic leaders. your thoughts
Search Results 0 to 2 of about 3

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